Manika Premsingh | Sunday, 31st January, 2021 | More on: POLY Our 6 ‘Best Buys Now’ Shares Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Why I think this is an underrated FTSE 100 stock See all posts by Manika Premsingh The stock in question is the FTSE 100 precious metals miner Polymetal International (LSE: POLY). One might think it’s obvious why the share is trading at a relatively low price. There’s a stock market rally underway, and safe stocks are out of favour. Duh. But I think it would be a mistake to think of this share as a stock market crash play. A look at POLY’s past performance tells the real story.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Robust financialsPolymetal International’s financials have been on a rising curve from even before the crash. In other words, we’re looking at a company that can thrive even when it doesn’t have the broader environment firmly in its favour. Its revenues have been rising steadily. In 2019, revenues rose by 19% compared to 2018. Earnings have been on the rise too. In fact, for 2018 and 2019, they actually came in higher than the consensus estimate compiled by Financial Times.Further, forecasts for both 2020 and 2021 are bullish on both parameters. It’s worth highlighting that forecasts are always subject to change. But research analysts have been fairly accurate with Polymetal, which gives me confidence.POLY generates passive incomeIt’s not surprising that with robust financial health in place, this FTSE 100 share doubled its dividends in its last update. Its dividend yield is 3.7%. This isn’t a bad yield, I think. In a year when many stocks’ dividend yields went from the top-of-the-heap to zero, dividend stability alone is reason for me to consider buying the stock. Moreover, not only has POLY paid dividends through 2020, it’s expected to continue generating passive income for investors this year as well. A cheap UK shareDespite this, the stock has a price-to-earnings ratio of 11.2 times. This is way lower than that of the other big precious metal miners. Consider Fresnillo, which has a ratio of 40 times or Antofagasta, which has an even higher earnings ratio of 44 times. As a long-time investor, I think it’s one to consider, even if in the short-term there are drops, like right now. Since the stock market rally started, its share price has broadly fallen as the return of investor confidence has moved investors towards riskier assets.In fact, if I thought to buy the stock solely because of the gold price rally, then I’d be better off avoiding it. But as I was saying above, there’s more to it than just a gold price rally.Considering the risksIt is, of course, always possible that the overall environment improves so dramatically that precious metals’ prices plunge. This in turn could impact Polymetal’s performance. But, I think, the probability for this is quite low. This is especially so because the world is still in a funk. The new coronavirus variants are the biggest threats for 2021, in my view. Not only are they more infectious, there’s a chance that vaccines may not be as effective on them. The takeawayOn balance, the odds are in favour of the miner in my view. I already bought shares in Polymetal International, and am contemplating increasing my holdings while its price is still down. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address Manika Premsingh owns shares of Polymetal International. The Motley Fool UK has recommended Fresnillo. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Simply click below to discover how you can take advantage of this.